Are Home Prices up or down in Portola Hills as we finish up Summer?
Portola Hills Real Estate – July Market Update Summer distractions took full center stage in July, and it showed in the numbers. Homes stayed on the market nearly twice as long as we’ve seen in recent years. While interest rates certainly play a role in this slower pace, the truth is..... homes are still selling every day. In fact, right here in Portola Hills, 13 homes closed escrow in July ! That’s proof that buyers are out there, ready to act when they find the right home. If you’ve been holding off because you’re worried about timing, know this: the market will shift quickly; especially if interest rates drop as expected this fall. Lower rates could mean more buyers and faster sales, and the current inventory could get eaten up fast... Insider Tip from a Local: Portola Hills offers something truly unique... breathtaking views that stretch from the Saddleback Mountains to the Pacific Ocean, all while being centrally located in Orange County. That combination o...